US Bitcoin ETFs Experience Largest Outflows Since ARK 21Shares

Bitcoin ETFs saw significant outflows in the US market last Thursday, with $131.13 million leaving major funds like ARK 21Shares and Fidelity.

This is a stark contrast to Ether ETFs, which gained $6.72 million, and XRP ETFs, which added $2.25 million, indicating growing investor interest in these alternative assets.

Notably, traditional banks such as Bank of Montreal and National Bank of Canada have disclosed holdings in XRP ETFs, signaling increasing institutional adoption of crypto products.